Posts in category Business Standard
Britannia Inds Q4 PAT drops 4% YoY to Rs 537 cr (06-05-2024)
Britannia Industries said that its consolidated net profit declined 3.76% to Rs 536.61 crore in Q4 FY24 as compared with Rs 557.60 crore in Q4 FY23.
Inox Wind records turnaround PAT of Rs 38 cr in Q4 (06-05-2024)
The wind energy service provider reported a consolidated net profit (from continuing operations) of Rs 37.67 crore in Q4 FY24 as against a net loss of Rs 115.51 crore posted in Q4 FY23.
CRISIL upgrades ratings of Seamec to ‘A+’ with ‘stable’ outlook (06-05-2024)
Seamec said that CRISIL Ratings has upgraded its rating on the long-term bank facilities of the company to 'CRISIL A+/Stable' from 'CRISIL A/Positive'.
Bond buyback signals RBI’s easing stance, may switch to neutral, says Citi (06-05-2024)
While liquidity tightness was not acute in April and overnight rates had not hit the MSF ceiling, the RBI probably anticipated election-related constraints on govt spending could tighten liquidity
Titan stock price drops 7% on May 06. Why brokerages have cut target price (06-05-2024)
Analysts attribute this margin miss to heightened competitive pressure due to a spike in gold prices
India’s Composite PMI Output Index At 61.5 In April (06-05-2024)
Wage pressures and higher food prices meanwhile led to another increase in cost burdens, which firms partially passed on to their customers. Charge inflation eased from March's near seven-year high, however.
MRPL tumbles as Q4 PAT drops 40% YoY to Rs 1,137 cr; GRM reduces to $11.35/ barrel (06-05-2024)
Mangalore Refinery & Petrochemicals (MRPL) slipped 5.43% to Rs 237.75 after the company reported 40.41% decline in standalone net profit to Rs 1,136.84 crore in Q4 FY24 from Rs 1,907.98 crore recorded in Q4 FY23.
Volumes soar at Britannia Industries Ltd counter (06-05-2024)
Britannia Industries Ltd recorded volume of 38926 shares by 10:46 IST on BSE, a 5.16 times surge over two-week average daily volume of 7538 shares
Titan Company slips after Q4 PAT drops 24% QoQ to Rs 786 cr (06-05-2024)
Titan Company declined 6.31% to 3,312.35 after the company's standalone net profit tumbled 24.42% to Rs 786 crore on 22.18% decrease in revenue from operations to Rs 10,047 crore for Q4 FY24 over Q3 FY24.
Real estate firm Godrej Properties zooms 8% on healthy rise in net profits (06-05-2024)
Godrej Properties posted a 14 per cent year-on-year (YoY) increase in its consolidated net profit, reaching Rs 471 crore for the quarter ending March 2024